SWEET MAGIC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SWEET MAGIC
Largest movements
- Receivables within one year +€10,825
up €10,825 (+337.6%), from €3,206 to €14,032
of which Trade receivables: +€12,758
- Cash +€8,889
up €8,889 (+347.4%), from €2,559 to €11,448
mainly Other debts (+€12,573) and Trade debts (+€10,640)
- Tangible fixed assets -€1,675
down €1,675 (-31.4%), from €5,339 to €3,664
- Deferred charges and accrued income -€739
down €739 (-70.2%), from €1,051 to €313
- Other debts +€12,573
up €12,573 (+36.8%), from €34,120 to €46,693
- Trade debts +€10,640
up €10,640 (+87.3%), from €12,192 to €22,832
- Profit (loss) carried forward -€5,508
down €5,508 (-8.5%), from -€65,037 to -€70,545
- Tax, wage and social debts -€404
no longer reported in 2023 (was €404)
- Gross operating margin -€1,895
down €1,895 (-144.6%), from -€1,310 to -€3,205
- Other operating charges -€288
down €288 (-42.1%), from €683 to €395
- Financial charges +€77
up €77 (+49.1%), from €156 to €233
From the 2022 result to the 2023 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,156 | €29,457 | +€17,301 | +142.3% |
| Fixed assets | 21/28 | €5,339 | €3,664 | -€1,675 | -31.4% |
| Tangible fixed assets | 22/27 | €5,339 | €3,664 | -€1,675 | -31.4% |
| Land and buildings | 22 | €5,339 | €3,664 | -€1,675 | -31.4% |
| Current assets | 29/58 | €6,816 | €25,792 | +€18,976 | +278.4% |
| Amounts receivable within one year | 40/41 | €3,206 | €14,032 | +€10,825 | +337.6% |
| Trade receivables | 40 | €570 | €13,328 | +€12,758 | +2238.3% |
| Other amounts receivable | 41 | €2,636 | €704 | -€1,933 | -73.3% |
| Cash at bank and in hand | 54/58 | €2,559 | €11,448 | +€8,889 | +347.4% |
| Deferred charges and accrued income | 490/1 | €1,051 | €313 | -€739 | -70.2% |
| Total equity and liabilities | 10/49 | €12,156 | €29,457 | +€17,301 | +142.3% |
| Equity | 10/15 | -€34,560 | -€40,068 | -€5,508 | -15.9% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Capital | 10 | €29,747 | €29,747 | = | 0.0% |
| Issued capital | 100 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €730 | €730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €730 | €730 | = | 0.0% |
| Legal reserve | 130 | €730 | €730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,037 | -€70,545 | -€5,508 | -8.5% |
| Amounts payable | 17/49 | €46,716 | €69,525 | +€22,809 | +48.8% |
| Amounts payable within one year | 42/48 | €46,716 | €69,525 | +€22,809 | +48.8% |
| Trade debts | 44 | €12,192 | €22,832 | +€10,640 | +87.3% |
| Suppliers | 440/4 | €12,192 | €22,832 | +€10,640 | +87.3% |
| Taxes, remuneration and social security | 45 | €404 | - | -€404 | |
| Taxes | 450/3 | €404 | - | -€404 | |
| Other amounts payable | 47/48 | €34,120 | €46,693 | +€12,573 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,675 | €1,675 | = | 0.0% |
| Other operating charges | 640/8 | €683 | €395 | -€288 | -42.1% |
| Gross operating margin | 9900 | -€1,310 | -€3,205 | -€1,895 | -144.6% |
| Operating profit (loss) | 9901 | -€3,668 | -€5,275 | -€1,607 | -43.8% |
| Financial charges | 65/66B | €156 | €233 | +€77 | +49.1% |
| Recurring financial charges | 65 | €156 | €233 | +€77 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,825 | -€5,508 | -€1,683 | -44.0% |
| Profit (loss) for the period | 9904 | -€3,825 | -€5,508 | -€1,683 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,825 | -€5,508 | -€1,683 | -44.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.